Inclusive absolute well-being changes: An application with multidimensional cross-country analysis
Light refreshments from Currydor, a local Indian restaurant in Oxford, will be served to in-person attendees.
The world has continued to witness prosperity in terms of poverty reduction and well-being improvement, but one cannot overstate the importance of examining whether the improvement is evenly shared or is being inclusive to all. In this paper, we propose a general quantile-based approach based on absolute changes that allow assessing and robustly examining inclusiveness of well-being for non-monetary indicators that are bounded in nature and can have both attainment and shortfall representations. Our empirical analysis of inclusiveness uses a multidimensional measure of well-being that is closely linked to the flagship global multidimensional poverty index and examine inclusiveness of well-being changes for 80 developing countries covering six different geographic regions. We observe robust improvements in well-being for most countries in our study, but only around three-fifth of all countries show robust inclusiveness. Further geographical analyses show that the same figure is less than one-third for the sub-Saharan African region. Our proposed framework could play an important role in jointly meeting the SDG targets of reducing inequality within countries and reducing poverty in multiple dimensions.
Date: 21 November 2022, 16:00 (Monday, 7th week, Michaelmas 2022)
Venue: Queen Elizabeth House, 3 Mansfield Road OX1 3TB
Venue Details: Meeting Room A
Speaker: Dr Suman Seth (University of Leeds)
Organising department: Oxford Department of International Development
Organisers: Kelly-Ann Fonderson (Oxford Poverty & Human Development Initiative), Pedro Conceição (UNDP HDRO), Professor James Foster (Georges Washington University), Professor Sabina Alkire (University of Oxford)
Organiser contact email address: kelly-ann.fonderson@qeh.ox.ac.uk
Part of: OPHI Weekly Seminars: Multidimensional Poverty
Booking required?: Required
Booking url: https://bit.ly/Register-OPHI-Seminar
Cost: Free
Audience: Public
Editor: Kelly-Ann Fonderson